The act A09862 was introduced in New York on February 14, 2018. It proposes to set up a task force to better understand the impact of economic empowerment zones for cryptocurrency mining.
If passed, the act would analyze cybersecurity threats, the general effect that creating such zones might have on employment within the respective areas. I also would analyse the role of service utilities.
This act would require all departments, agencies or any political subdivisions to provide relevant assistance and data. Two members of the task force would be appointed by the governor, temporary president of the Senate, speaker of the assembly, and superintendent of the department of financial services.
A report from the task force would be submitted to both the governor and legislature of New York one year from the act's effective date.